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Wheeling And Dealing: 5 Recent Acquisitions Disrupting The Cloud Market

CRN breaks down five recent investment and acquisition deals involving companies operating in the cloud that partners need to know.

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Services Provider Scoops Up Software Development Partner

CloudJumper, based in Raleigh, N.C., closed a deal earlier this month to fully acquire IndependenceIT -- a rare acquisition of a software developer by a services partner.

The application and desktop delivery provider was once a high-profile Citrix partner, but switched to IndependenceIT’s Desktop-as-a-Service platform a few years back to differentiate its offering. It quickly became IndependenceIT's largest partner -- so important to the go-to-market efforts, that IndependenceIT exited the services business entirely in 2015, ultimately selling CloudJumper that business unit. The companies became so tied at the hip that ultimately it just made sense to become one entity.

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